NESG, Nigerian NABII Demand More Investment For Impact In Nigeria

The Nigerian Economic Summit Group (NESG) and the Nigerian National Advisory Board for Impact Investing (NABII) in a recent stakeholder validation workshop have called for improved Investments for Impact in Nigeria – a deep dive into agriculture, education and health Sectors.

The workshop brought together key stakeholders in the impact investment space to curate expert opinions with a strategic focus on three priority sectors: Agriculture, Education, and Health, with gender and sustainability as the cross-cutting guiding principles.

In his opening remarks, Mr Oladele Afolabi, chairman of Impact Investor’s Foundation, said that NABII identified agriculture, education and health as priority sectors as outlined in Nigeria’s National Development Plan (NDP) 2021–2025. 

He stated that NABII recognises the need to present evidence-based studies given that the majority of Impact investment capital in Nigeria comes from the development sector, showing the need for more private local investments that can come to fruition through the support of policymakers that can help create enabling policies that will attract impact investment capital from potential investors.